RST Resources Inc. has a December 31 year end. At December 31,2021 , the balance in RST's common shares account was $50,000 and the balance in its retainec earnings account was $125,000. During 2022 , RST issued $25,000 of common shares, had income of $95,000 and paid dividends of $10,000. RST's balance in Retained Earnings at December 31,2022 is: A) $110,000 B) $220,000 C) $310,000 D) $210,000 Which of the following is not true with regard to ethics and accounting? A) For accounting information to have value, preparers must have ethical standards. B) Information reported by public corporations is used by government, unions, investors and potential employees. The impact of unethical practices by a public corporation, therefore, could be much larger than the impact of unethical practices by a proprietorship. C) Ethical practices when compiling accounting information are critical as both internal and external decision makers rely on accounting information to make decisions. D) Since proprietorships and partnerships have no shareholders, ethics are not a concern. XYZ Company's office supplies account had a normal opening balance of $10,000 at the beginning of the month, supplies purchased during the month totaled $15,000 and supplies used during the month totaled $17,000. The balance in office supplies at the end of the month is: A) $2,000 Credit. B) $42,000 Debit. C) $8,000 Debit. D) $12,000 Debit. Which of the following would not be considered an internal user of accounting data for Jacobs Manufacturing Inc.? A) human resources manager B) accounting manager C) supplier of the company's goods D) production manager